Energy

"...in light of the IPI’s potential contribution to regional development, complementing the North-South corridor under consideration by the member states of the Economic Cooperation Organization (ECO), it may be a good idea to revamp the IPI into a consortium that opens the possibility of a future role by other regional parties, both in terms of investment as well as linkage with the regional gas network."

In this insider's assessment of Iran's long-awaited response to the incentive package offered by the United States and other world powers, the authors argue that this is an opportunity for diplomacy that could actually halt Iran's nuclear enrichment and address the concerns of the West.